First Trust Indxx Medical Devices ETF (BATS:MDEV) Short Interest Update

First Trust Indxx Medical Devices ETF (BATS:MDEV) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 24 shares, a decrease of 82.6% from the May 31st total of 138 shares. Based on an average daily trading volume, of 1,641 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On First Trust Indxx Medical Devices ETF

A hedge fund recently raised its position in First Trust Indxx Medical Devices ETF stock. Jane Street Group LLC lifted its position in shares of First Trust Indxx Medical Devices ETF (BATS:MDEV) by 24.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,956 shares of the company’s stock after purchasing an additional 5,682 shares during the period. Jane Street Group LLC owned 28.96% of First Trust Indxx Medical Devices ETF worth $607,000 as of its most recent filing with the Securities and Exchange Commission.

First Trust Indxx Medical Devices ETF Stock Up 1.0%

First Trust Indxx Medical Devices ETF stock opened at $19.42 on Friday. The stock has a market cap of $1.94 million, a P/E ratio of 29.75 and a beta of 1.05. First Trust Indxx Medical Devices ETF has a twelve month low of $17.85 and a twelve month high of $21.82. The company’s 50-day moving average price is $18.77 and its two-hundred day moving average price is $19.84.

About First Trust Indxx Medical Devices ETF

The First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund that is based on the Indxx Global Medical Equipment index. The fund tracks an equal-weighted index that gives global exposure to the medical equipment industry. MDEV was launched on Jun 22, 2021 and is managed by First Trust.